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on the table hits the big three really hard. but feel good about the fact that tonight john boehner was having pizza with the tea partiers. the folks that say they won't sign on to anything. congressman kucinich calls the plan a raw deal. he's here and he's fired up tonight. this is the ed show, let's get to work. >> all of the candidates are going to have to demonstrate they can do all of the job all of the time. >> tim pawlenty is taking cheap shops at a republican front-runner. tonight i'm going to defend michele bachmann. >> i'm not going to allow anyone to take a pufrmg at me. >> alan west refuses to apologize for his sexist remarks. today he says she owes him an apology. where's the outrage? >>> if you thought the defense of news corp. was odd, wait until you hear bill o'reilly's stance. >>> the president first tried to sell his plan to nancy pelosi and harry reid. and then the obstructionists came over to the white house. boehner and mk skon el. they have to convince members of their party to accept over a trillion dollars in revenue increases in order to take this zeal. don't hold your
. good morning, every. the big weather story has been the drought and the heat throughout much of texas. we were very encouraged that we could get a tropical storm that would head over texas and you can see that big red blob. this is tropical storm don. it does not appear that don will bring us the relieve that we need. houston probably won't see anything, corpus krissy christy some showers. it has tracked further south than we would have liked. you can see that the bapath is more north/northwest. we wanted to end up in central texas. it looks like it will rain itself out over northern mexico and the mountains and that will quickly break the storm up. so even west texas may not get the relief we were hoping for. landfall should be sometime close to midnight and then it will quickly be moving out. so in brownsville, by saturday morning, this could be over with. and it should be anywhere between a 50 to 65-mile-an-hour tropical storm. so at bit of a pump, but it won't do any devastation. we were hoping for rain. you can see the scattered showers off the coast that will be arriving during
to democratic aides, a debt deal without tax increases is reportedly moving forward. tonight, the big three remain on the chopping block. democrats need to understand cutting the big three in any way is a disaster. this is "the ed show." let's get to work. >>> democrats still say no deal without taxes. the tan man can't control his tea partiers. meanwhile, religious and civil rights leaders are personally urging the president not to cut the social safety net. reverend jim wallace met with the president. he's here tonight. in "psycho talk" el rushbo is pushing another democratic conspiracy theory. and congressman allen west voted to cut social security for his constituents and for some listen he's still attacking debbie wasserman-shultz. >> 80%. 80% of americans do not want washington to lay a finger on medicare and medicaid. that's a heck of a number. you know the nfl is about ready to do a deal. if some nfl coach said my quarterback is going to hit 80% of his passes this year, they'll say holy smokes, we're going to win the whole thing. that is a huge number. this just isn't democrats. it'
about taxes and possible cuts to the big three. >>> and in wisconsin, we have a result in the state's first recall election since the scott walker union busting law was passed. the democrat, dave hansen, has defeated the republican challenger, another major victory for workers rights in wisconsin and in america. this is "the ed show." let's get to work. >> we now have a bipartisan group of senators who agree with that balanced approach. and we've got the american people who agree with that balanced approach. >> the gang of six plan rides again. bernie sanders gives the plan a huge thumb's down. he's here tonight. rupert murdoch plays dumb in front of parliament. >> i don't know. >> reminds me of a scene from the godfather. >> i don't know nothing about that. >> we have more on the news corp. dog and pony show. and the election results everyone is waiting for out of wisconsin. we will talk to the first member of the wisconsin 14 to face a recall election. >>> good evening, americans, thanks for joining us tonight. with less than two weeks before the united states defaults on its obli
for the interview. >> and another political big wig takes exception on a big question of where he plans to send his kids to school. >> first off, it is none of your business. >>> and we begin with the debt ceiling fight, and the republicans unable to agree to disagree, and here is the level of confusion coming from the gop on the ongoing debt debate. this morning the washington post set the stage for a potential breakthrough reporting on the editorial page right here that grover norquist, the anti-tax guru of the right said that allowing the bush era tax cuts to expire would not be a violation of the tax pledge that nearly every member of congress has resigned which is a significant concession. problem solved? not exactly. within hours norquist told my colleague chris jansing this right here on msnbc on jansing & company. >> i can be clear, americans for tax reform would oppose any effort to weaken, reduce or not continue the 2001-2003 bush tax cuts and any changes of the taxes should be kept separate from the budget deal. >> moments ago, the post released audio of norquist supporting their editori
. that would mean republicans get big spending cuts in exchange for zero tax increases. the president vowed that that wouldn't happen. tonight let's be an honest broker and make sure he keeps his word. >> i do not see a path to a deal if they don't budge, period. >> president obama drew a line on taxes last week. republicans are running out the clock, and it looks like the president is caving. senator sheldon whitehouse is here. one of the key figures in the news corporate fox hacking scandal is found dead, and there's more trouble in the united states for rupert murdoch. filmmaker robert greenwall on the latest. in psycho talk tonight. >> yes, they have the right to do that. that's not discriminating based upon religion against their particular religion. >> republican presidential hopeful herman cain has a warped understanding of the constitution. more anti-islam remarks from the godfather's pizza man. tonight, he's attacking another candidate on his religion. remember last week everybody was saying, well, the president is in such a good place right now. really? folks, as liberals we need
republicans in this fight than grover norquist. he's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that
guys to protect the fat guys and corporate jets and big super rich. you're expendable now, crack thinkers. don't you understand? they play you against the poor and you're skpentable now. let those guys handle it. they got to protect the big guys. >> now know, that is coming from john mccain whose campaign might be compared to custard, except custer's came out better than mccain's did. in 2012 a conservative will be elected so i think that will speak for itself. his his brand was she lacks in 2007 within 2008. mine won the house of representative by record numbers in 2010. >> yeah, but now your brand of conservative is told, get your butts in line. don't get too big for yourself. because you've done your job. you're saving the corporate jet guys. you're closing in making sure to protect the loops holes. now just shut up and let us handle it, we've got movies it watch. thank you judson phillips. thank you for being here with me. >> thank you for having me. >> hosts of the bill press show on sirius radio, gentlemen, it is quite interesting, looks like mr. boehner is trying to get a
late friday night into early saturday morning. there will be a landfall, it's not a big deal, with a weak storm system you're not going to have the eye of the hurricane or anything like that. it's just, that's when the center will cross. we'll watch that on radar. it looks like, houston, you're out of the cone of uncertainty. that's this yellow cone. it should come onshore around corpus christi or brownsville and then it will dissipate as it moves into the mountainous terrain. here's how the computer models, each of these squigly lines represents each computer, and an almost unanimous decision, it will take us south to corpus christi. only one of our computers is hinting on a northward's track. in the dark red, this is where we need the rainfall the most, so it's actually going to head for a beneficial area. the problem is, it's such a small tropical storm that it's not going to be a widespread, it's not going to hit a large area. it's only going to have a small impact. and ed why, talk about -- they would just like the clouds from this storm. with 101 in san antonio, 104 in
>>> the big story today, boiling point. good afternoon, i'm matt miller in for dylan ratigan as dylan continues book on his upcoming book "greedy bastards." the debt debate coming down to threats, the new deal president obama and speaker boehner are working on reportedly includes $3 trillion in cuts, but only a promise of tax reform matched with triggers to punish each party if congress doesn't follow through. dems will lose a key component of health care reform, the individual mandate. the gop has the bush tax cuts at stake. the president "today show"ing his true feelings about the constant white house meetings on debt. take a listen. >> there's nothing i enjoy more than sitting hour after hour day after day debating the fine points of the federal budget with members of congress. >> a little presidential irony. meantime two other options are doa, the house cut, cap and balance act. it was pretty senseless. they won't take up the mcconnell fallback plan because harry reid wants to see what comes out of the white house. mike viqueira is live outside the white house where he sa
're still fighting that fight? >> look, the big grand bargain is still on the table. that deal is there if the speaker wants to return to the table and negotiate it. we came very close. the president and the speaker did. and that opportunity still exists. secondly, the helpful proposal senator reid put out does not include up front the tough issues of entitlement reform or tax reform, it creates a committee that would look at those issues on a fast-track basis by the end of the year. that's not possible, we prefer one that does it all at once. however this turns out if we don't get the tough issues addressed because they're essential to address the deficits and long-term debt we're going to return to the debate. because the public supports a balanced approach. it's not the right way to do this if we don't ask sacrifice from everybody. not just one sector or a limited number of sectors from the society. >> let's listen to what the president said last night, to voice support for a bipartisan deal. let's listen. >> the american people may have voted for divided government, but the
. and right now we've got a government so big and so expensive it's sapping the drive out of our people and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you're spending more money than you're taking in, you need to spend less of it. >> it is so elementary and so simple for the republicans, isn't it? boehner's two-step approach is nothing but a joke. for republicans, it all starts and ends with defeating president obama and seeing him fail. just take a look at the title of boehner's plan, "two-step approach to hold president obama accountable"? president obama accountable? did he inherit this? hold it there for just a moment. boehner isn't trying to solve the debt crisis. this is all about making president obama fail. let's dive into boehner's two-step plan. here's number one. cuts that exceed the debt hike. number two, caps to control future spending. now, those two steps seem pretty reasonable. the problem? boehner's two-step plan, you see, really has three more steps to it. number three, a balanced budget amendment. now, let's t
, the smaller the people. and right now we've got a government so big and so expensive it's sapping the drive out of our people and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you're spending more money than you're taking in, you need to spend less of it. >> it is so elementary and so simple for the republicans, isn't it? boehner's two-step approach is nothing but a joke. for republicans, it all starts and ends with defeating president obama and seeing him fail. just take a look at the title of boehner's plan, "two-step approach to hold president obama accountable"? president obama accountable? did he inherit this? hold it there for just a moment. boehner isn't trying to solve the debt crisis. this is all about making president obama fail. let's dive into boehner's two-step plan. here's number one. cuts that exceed the debt hike. number two, caps to control future spending. now, those two steps seem pretty reasonable. the problem? boehner's two-step plan, you see, really has three more steps to it. number three, a balanced budget amend
. as we all know how it's going to end with the debt ceiling being raised, no real big agreement on spending and taxes, all that's left is a week of political posturing. what would happen politically if no deal was reached and the u.s. did default? would voters blame the president or the economy and republicans? the answer to do could determine who wins the 2012 election. also, the videotape, michele bachmann's husband denying he referred to gas as barbarians despite the tape that indicates differently. we have a full unedited tape on that. that tops our 2012 coverage tonight. >>> the drip of the rupert murdoch scandal continues. first rebeck ka brooks the head of his newspaper operations resigned. then late this afternoon we learn that the ceo of here is stepping down. can murdoch stop the scandal from completing overwhelming his empire. and finally cue mar and in harold and cue mar leaving the white house for a reoccurring role in "how i met your mother." that's in the side show. tonight's question, who's holding up the agreement? congressman chris van hollen is a democratic fr
>>> good thursday, everybody. i'm contessa brewer covering the big news coast to coast. we begin with breaking news out of texas, where authorities have arrested an army private assigned to fort campbell, kentucky. officials found bomb-making materials in his hotel room. that arrest came after someone reportedly overheard the private threatening to stage an attack on the army post at fort hood. fort hood was the scene of a deadly shooting attack in november 2009. major nadal hassan is accused of killing 13 people and wounding dozens of others. pete williams has the latest from washington now. pete, what do you know about this arrest of the private? >> reporter: right. well, good afternoon. you saw killeen, texas on that map. that's where he was arrested. he's a private first class assigned to fort campbell, but arrested in texas yesterday and according to law enforcement officials, what happened is he went into a gun store in killeen, texas and was asking questions that the gun store owner thought was suspicious. he was also buying smokeless powder which can be used for a variety
come back from europe, there's a disparages disbelief. last thursday there was a big meeting about the euro zone crisis. whatever you think of the plan they come up, however, they all came together, came up with a plafç to avert crisis. looking at washington's politicians and thinking, hey, hang on a minute, they're as -- >> didn't you run a bureau -- >> i was in italy last week in fact. the analogy is apt. the difference is the market shook italy two weeks ago into doing something. they pass add 40 billion euro austerity plan, because the market freaked out. >> and in england as well. we held that deficit reduction, because we were worried about the market. here? >> i want to go back to jonathan's point, and this is -- i think people are trying to understand the implications. because america is the reserve currency of the world, because all the oil, the commodities, everything that exists, that china sells to brazil, that saudi arabia sells to europe is priced in u.s. dollars. it is incredibly unclear to what the implication of not paying it, because it is the only currency. beyo
. you have a big group of new freshman republican members in the house. they are not budging. they're not listening to just about anybody. it's -- they're going on what they believe is a mandate with this big tea party election in 2010 and they haven't really budged. you're seeing business leaders on wall street saying do something, do anything. this group of freshman republicans aren't really budging. will it have been an impact heez emails and phone calls, who knows. it may mean that house republican leaders have to shift away from what these small group of freshman republicans want. we'll see if it has an impact or not. there's not a whole lot of time left. >> indeed. thank you so much. we will be talking with nbc's chuck todd in a few minutes. >>> the first tropical system of the year has fizzled out. tropical storm don has weakened into a tropical depression. the storm made landfall along corpus christie. it brought little relief to the record breaking heat in the lone star state. here's with your saturday forecast bill karins. good saturday morning to you, bill. >> all the hy
, but if a shrunken version of the boehner big does -- or if they go to an emergency extension, the president will be right back in the same predicament he's in right now. i think a lot of people are upset. they blame the republicans more than the democrats for the gamesmanship, but the fact is the republicans have also backed the president into a corner, even if they're doing it in a way that's not popular. >> i want you to analyze these two possibilities, one the president could give away more of the store, more spending cuts, maybe enough to get us thus this increase. which would make the redhots happy. no tax increase at all. the other possibility is to marry what boehner wants right now with what mcconned was talking about next year, where next year it can be are can be raised by the president, only the house would have to come back with a two thirds veto, so it seems there is a possibility for compromise, but the easiest thing is for the president to throw the whole bomb game, say, you win this year, not next year. >> i don't think he can do >> i don't think he can do that, chris. when
. the big, brand new nbc "wall street journal" poll, and the revived gang of six which the white house is seizing on to give new life to the president's push for a big deficit reduction deal. the bipartisan group's proposal is still in outline form. they would reduce the deficit by 3.7 trillion over the next decade, cutting discretionary spending, defense spending, overhauling entitlement programs, rewriting the tax code by lowering rates, getting rid of deductions that overall would generate a trillion dollars in those deficit cuts. the plan got an enthusiastic reception from the white house and senate rank and file. watch. >> we now have a bipartisan group of senators who agree with that balanced approach. we have got the american people who agree with that balanced approach. >> 49 senators came to the room, and you know what, there were no fist fights, there were no -- there was no swearing. >> i think they're creating a vital center on what is the most important issue facing the country. >> it is a great start and it has provided great leadership. >>> but senate leaders mitch mccon
delays the big vote indicating he does not have votes to pass it. it all raises the big question, has the tea party taken control of boehner's house? >>> plus, wouldn't you love to know what mr. economy thinks about all this? too bad. because mr. romney is not talking. how's that for leadership. >>> and waiting with wait until you meet the latest extremist to log on to perry's prayer route. i'm al sharpton. breaking news. boehner abruptly delayed a make or break vote on his own debt plan. the speaker frantically been trying to whip up support from tea party republicans all day long. it is an indication that he simply does not have the votes to pass his plan. it is unclear when the vote will happen. the fear here would be a stunning setback for his leadership and for the g oo p establishment as it battles with party members. joining me is nbc's luke russell live on capitol hill. luke, can you tell us what is happening here? >> good evening reverend al. an alarming piece of news that came to us about 15 minutes ago. democratic aides received word from the republican floor staff and in f
going on behind the scenes, no big meetings today, the president in his weekly address today laid out the stakes and again called for share sacrifice and that means in the white house, you're raising taxes on the wealthy. >> the truth is, you can't solve our deficit without cutting spending, but you also can't solve it without asking the wealthiest americans to may their fair share or without taking on loopholes that give special interests and big corporations tax breaks that middle class americans don't get. >> reporter: now those taxes that the president are talking about, a nonstarter with republicans, that is a sticking point. that is the impasse, the hurdle that they simply cannot clear. in the meantime, republicans are moving ahead in congress with a balanced budget amendment to the constitution. it is very much a long shot. they're moving ahead, here's orrin hatch explaining why. >> the only reason this administration doesn't want a constitutional amendment is because they want to keep spending the american people's money. and the only reason congressional democrats would refus
will be here on set with us. >> this is big. >> huge. >> willie, who is going to be number one? are we looking at oklahoma? alabama? >> could be a tie situation. i have to say. we should point out vanderbilt got a great recruiting class. >> they did have a great recruiting class. >> they did. >> my understanding is the average s.a.t. just above 1300. unprecedented. for a co--ed football team. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000
if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive convsations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there constructive cuts proposed so far that
. if you do nothing, you have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> h
to the caricature, the republican caricature of the president as a big spender if, in the end, he puts together a deal with speaker boehner that has with it a lot of spending cuts? >> i think that changes certainly for the democrats the argument about the president's spending habits. certainly republicans then would counter with, well, let's look at the $2 trillion spent before speaker boehner and mitch mcconnell and the senate tried to bring some sanity back to the process. you're going to have the political argument continuing into 2012. if you think, michael, this thing is going to end once they sign a bill by august 2nd, no. the hot rhetoric just continues. >> you know this turf well. it puts republicans in a difficult spot to be pointing a finger as to he's such a big government guy if, in the end he 'em bragsed and negotiated a plan with john boehner that calls for the spending cuss being discussed, whether it's $3 trillion or $4 trillion. let me show you something. the president penned something in "usa today." i don't know if you made it to the last line. here is what he said in the las
the two minnesotans continues. tim pawlenty went after michele bachmann. >> there's a big difference in talking about things and getting them done. >> this is the third day in a row where we have seen tim pawlenty heat up in his rhetoric against michele bachmann. it's clearly trying to set up the two of them as they go mono on mono for this straw poll. what is interesting, there was a republican debate before the straw poll that takes place in iowa. so instead of everyone going after mitt romney, it's clear that there's going to be a little mini debate going on. all of that in the shadow of what is going on with rick perry and chris christie showing up. lots to go through. we're going to get to that later in the show. let's get to the big story. there's one week left to raise the debt ceiling. two sides feel like they are farther apart than ever. serving on the budget committee, senator, let's start with what is on the table. can you support harry reid's plan as it stands right now in the united states senate? >> no. but i don't think that we're that far apart, chuck. if you take the
>>> good wednesday everybody. i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as washington tries to come up with a debt deal. today's breaking news a bipartisan group did the math on both the duelling democratic and republican debt plans and both come up short on their projected savings goals. democrats put their bill on hold. while republicans scramble to rewrite theirs. >> things are very fluid. >> today's house vote tabled while gop leaders try to get reluctant freshman on board. >> i want a solution, not a deal. i don't think this goes far enough. >> does this keep us in the battle. >> john boehner has a group of people that believe their way is the correc
. >>> well, the big story today, debt-struction. a lot of political shenanigans, developments coming fast and furious,y might expect this afternoon. widely, the markets are expecting a deal of some findish even if it's a band thade doesn't do much. we'll see what it mean. good afternoon. i'm dylan ratigan. a mass of house votes on yet another revised version of speaker boehner's deal. all of these deal, lick nickels and -- the final vote won't come until later tonight if boehner can whip up the 216 votes to do the deal. couldn't do it yesterday. we start with luke rurt on capitol hill. mike viqueira on standby at the white house. we begin with you, luke. tell me about a tea party politician who ran for the congress in objection to the back room arm twisting where i say i'll take away funding for the bridge, the sochool, the hospital if you don't vote on this? people wouldn't tolerate that and i imagine they're saying i'll withdraw your funding if you don't say yes on this vote? >> the house gop banned earmarks. weren't of the reasons boehner didn't go to the floor. not aa lot to give away
evening will be a big vote. the specific times aren't set, but we're into a series of days where these vote showdowns will be more and more important. a lot of the strategy will go behind the scenes. account various sides wrangle people to get them to their side? this will not be easy for either majority leader reid or boehner. >> kelly o'donnell for us, thank you. >>> joining me is congressman henry coyer and adam kinninger. gentlemen, good morning. congressman claire, the president asked the american people to call their congressmen, and we understand that some sites crashed, we're hearing that the server for the house is still down. what are you hearing? >> we're hearing from our constituents to make sure we don't have a default. we have to find a solution in a bipartisan way. i know there's two competing interests here, but i'm hoping that we get together and work something out. >> obviously congressman kinninger, a number of your colleagues said they would not support john boehner's plan, so i'm wondering if you will. >> well, i'll let every one of my colleagues speak for th
on this block. ben's a re/max agent, and he's a big part of this community. re/max agents know their markets, and they care enough to get to know you, too. nobody sells more real estate than re/max. visit remax.com today. ♪ [ cat meows ] ♪ [ whistles ] ♪ [ cat meows ] ♪ [ ting! ] [ male announcer ] travelers can help you protect the things you care about and save money with multi-policy discounts. are you getting the coverage you need and the discounts you deserve? for an agent or quote, call 800-my-coverage or visit travelers.com. and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. >>> no shocker here. david wu is calling it quits. the oregon representative will resign over allegations over a sexual relationship with an 18-year-old girl. he will not make it official until the debt cei
, i'm up, big. >> that's a great reference at 5:340. luke, i'm impressed. you must have been up and had your coffee. help us what's going on luke. you covered the hill every single day. people who watched this who aren't like us, kind of nerds following every moment of this get home from work and they say what happened exactly today, are we any further than we were. how can beget toward a deal by next tuesday? >> well, the big news that came out from yesterday was that john boehner was having a great difficult getting to 217 votes, the majority in his house on his plan to raise the debt ceiling. then he got bad news from the congressional budget office, which is a non-partisan budget office that scores these bills which says that his plan, which claimed to have saved over a trillion dollars in spending over the next ten years really only saved about $850 billion. so it didn't save nearly as much as he said it did and it actually back ended a lot of the savings. so in the first few years there was only about $5 billion worth of savings which is not acceptable to a lot of the tea
with the debt ceiling being raised, no real big agreement on spending and taxes. all that's left now is about a week of political posturing. plus what would happen politically if no deal was reached and the u.s. does default? would voters blame the president for a faltering economy or hold republicans responsible for refusing to make a deal? the answer to that could determine who wins the 2012 election. also, let's go to the videotape. michelle bachmann's husband denying that he ever referred to gays as barbarians, despite the tape that indicates differently, referring to gays as barbarians. we have the full tape on that, and that tops our 2012 coverage tonight. and the drip, drip, drip of the rupert murdoch scandal continues. first, rebecca brooks, the head of newspaper operations on the other side of the pond resigned. and late this afternoon, we learned the ceo of dow jones, which publishes murdoch's "the wall street journal" here in america is stepping down. can murdoch himself stop the scandal completely overwhelming his empire? findly, kumar, as in harold and kumar, is leaving the white
." big developments expected on the debt ceiling debate. john boehner hopes to unveil a new deal by 4:00 p.m. this afternoon. mike viqueira has more. good sunday morning, mike. >> reporter: well, good morning to you. crunch time in washington after talks in the white house blew up between republicans and president friday night. congressional leaders and staff have been scrambling to find a way out of the mounting crisis and of course, there are nine days to go before the first possible default in u.s. financial history and government history. leaders hope to announce at least later today the framework for an agreement. and they're doing that in part to soothe worldwide market jitters that many of the markets open late today eastern time around the world for monday openings and there's a great deal of concern an adverse effect. john boehner has a proposal on the table. leaders huddled last night to look at it. call for $1 trillion in cuts but dealing with major questions, the most volatile questions that we've seen, including cuts and changes to social security and medicare, and what t
to our financial markets. >> that is a big statement. house democratic leadership team coming out saying that. the house has rejected the 14th amendment solution. but we're still six days out. for leaders like mr. clyburn to go down that road gives the president some pretty good cover and a pretty good idea. the president doesn't want to overreach, but his base would love it. it's going to wipe out any discretionary cuts that would hurt low and fixed income americans. get your cell phones out, i want to know what you think. should the president invoke the 14th amendment to resolve the debt crisis? text a for yes, b for no to 622639 and can you always go to our new blog at ed.msnbc.com. >>> joining us now is donna edwards ofç maryland. she's a member of the progressive caucus. congressman elliott engle, jared nabler are holding a press conference to urge president obama to use the 14th amendment as a backup option. would you join those folks tomorrow? what do you think about the 14th amendment option right now? the white house has said repeatedly no, but the game could change. what do y
with the speaker of the house was a big deficit reduction package that wouldn't have a supercommittee. we would have done it right now. that wasn't possible. the speaker of the house pulled by the right wing of his party, walked away from it. but the president's going to be committed over these next few months, as i think members of congress need to be as well, that we need to finish the job here, and the way you're going to finish that job is to have a balanced deficit reduction package that doesn't harm the economy. >> let me ask you some other pressing matters. i've spoken to top figures on wall street who say this is a code red day, all hands on deck, preparing for a market shock as early as tomorrow. what is your message? what is the president's message to investors around the globe this morning? >> well, i think it is that we have to get this solved. today is obviously a critical day. we have to give confidence that there is a pathway to make sure that we both reduce the debt ceiling, and let's not underestimate the deficit reduction is an important part of this, so i think -- >> but that
is anything more than a big wet kiss to the right wing, and -- and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what will happen between this very moment and a potential vote tomorrow is anyone's guess in the town that is washington, d.c. amid all the bickering and tinkering, the nation is just six days away from a first ever general default, and the treasury reiterating in a statement moments ago there is no guarantee the government can meet all its obligations after an august 2nd deadline, so what are the remaining options for our dysfunctional government? nbc's kristen welker is at the white house and let's also bring in luke russert on capitol hill. kristen, we know both sides are crafting their budget deals, both trying to take the high road, but are there any signs that the differences between the two sides are narrowing, and does it seem as though they may conflate these two plans? >> reporter: well, at this point we don't have any indication that they are going to conflate the two plans. we should say there are, of c
's go now to washington. it's big news inside the beltway today. the latest debt deal broke down last night, but in just less than two hours now, lawmakers are iffing to be back at the white house to restart negotiations. the talks fell apart last night when john boehner walked away from the table blaming the white house for the failure. well, the president pointeded a finger at the gop. the two appeared at back to back news conferences. >> it is hard to understand why speaker boehner would walk away from this kind of deal if it was unbalanced, it was unbalanced in the direction of not enough revenue. the sdmroo the white house moved the goal post. there was an agreement with the white house and $800 billion in re new. it's the president who walked away from his agreement and demanded more money at the last minute. >> well, joining me now nbc white house correspondent mike vicara. good morning to you, mike. what is the big sticking point here? how did things go wrong so fast, or is that only our perception of it? >> yeah, you know, you are absolutely right. it just collapsed. these te
. >>> the big business of gay marriage. one day before same sex couples tie the knot in new york, how some companies are planning to cash in. >>> good morning, everyone. i'm alex witt. welcome to msnbc saturday. we have two developments in two deadly attacks carried out in norway that left 91 people dead. police have one man in custody suspected in both attacks. one was a bomb set off in downtown oslo, and the other happened not long after when a gunman went on a shooting spree at a teen summer camp at an island outside of oslo. martin fletcher joins me on the phone from oslo. martin, let's talk about what police are revealing about the suspect. what do they know? >> reporter: well, alex, he's 32 years old, and he's a norwegian. interestingly on his facebook page he updated his facebook page just a week ago, and on that he called himself a conservative and he called himself a christian and he said his favorite hobby was hunting. so this paints a picture of a man who seems to be -- well, how can you describe such a person? radical of some kind. the police are saying it looks like it was the
's going to play pretty big hardball on this to borrow a phrase, chris. seems to me he really is boehner's back. not just having boehner's back today or boehner's back tomorrow, but he's going to have boehner's back. the question is, can harry reid pry away seven or eight republicans to work with him? where does that happen? at this point i don't think you'll see any movement on a deal publicly, at the earliest, not until sunday. >> is the real fear not that there's a second effort to cut spending a bit more, but the second part of this spending cuts which would come at the end of this year, the vote on that, would actually cut to the bone. go after entitlements, medicare, after things the democrats treasurer jer is that the big fear? i think pelosi, former speaker, now democratic leader, was alluding to that in her very strong statement against the boehner plan tonight? >> reporter: that is one fear. you talk to democrats familiar with the way these negotiations have gone, and they'll say, look, this first $1.2 2r8 trillion, the first round ever cuts they have in their plans are almost
to agree on something balanced as long as it's big. in the house r there are republicans ideologically opposed to anything that increases revenue. now all the government deficit projections are based on the idea bush tax cuts expire for everyone, according to current statute, the end of next year. if you regard not only any change in the law that reduces the deficit as unacceptable but any failure to change the law is also unacceptable, then it's going to be very hard to pass anything through the house other than perhaps the mcconnell plan, without the savings in it. >> we're hearing from harry reid using the phrase, "time is of the essence," hearing that over and over again and taking us to the brink. do you get the feeling we are actually inching any closer to clenching a deal? >> i think the mcconnell proposal, with some savings we can all agree to, may very well end up being the package. it's very important to the president we have a 3.5, 4$4.5 trillion package. woe may not in this short time agree to more than a $5 million down payment and vague creation of commission goals, state
big? what would you get rid of? >> i was one of the folks last week who introduced an amendment that said, let's at least freeze defense spendsing. it's not a very popular thing for a republican to do. i like defense, it's important to me. we only got 65 democrats and only 70 republicans. i'm willing to put everything on the table to be serious about spending reductions. >> what do we do about the big entitlements that go through the roof as people get older and older. you can't limit the number of people turning 65 by law. how do you deal with the cost increase? >> let's start by being honest with ourselves. i think the president did that this week. if you read his veto message about cut, cap and balance, he says the only reasons he opposes a balanced budget amendment is that it prevents us from keeping our promises to the seniors. what he's saying is what we have been telling folks back home, you cannot balance the budget without changing medicare, medicaid and social security. you simply can't do it. the folks back home tell you they want a balanced budget amendment. >> but t
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